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STOCK MARKET UPDATES 01/08/2024



 

*    April-June fiscal deficit at Rs 1.36 trillion, 8.1% of 2024-25 target.

*    Indian Overseas Bank invites EoIs from ARCs for Rs 1,100 crore bad loans.

*    Production growth is in the key infra sectors down to 4% in June: shows data.

*    Bina Modi recommends Samir's appointment to Godfrey Phillips Board: Court.

*    Mankind Pharma Q1 results: Profit up 9.9% at Rs 543 crore; revenue rises 12%.

*    DMRC prepares project reports for Indore-Ujjain and Pithampur metro corridors.

*    Ind-Ra ups FY25 GDP growth forecast to 7.5% on expectation of high demand.

*    BHEL Q1 results: Net loss widens to Rs 211.4 crore on higher expenses.

*    PNB MetLife launches of Bharat Manufacturing Fund in ULIP segment.

*    JSW Cement enters the race to acquire a promoter stake in Orient Cement.

*    China's manufacturing activity seen extending decline for 3 straight months in July.

*    Toyota will set up a manufacturing plant in Maharashtra and is ready to invest Rs 20k crore.

*    Thales-Garuda alliance seeks to propel India as a global drone hub by 2030.

*    Boeing posts bigger losses as defense business struggles to turn around.

*    Indian outbound tourism likely to reach $55,388.41 million by 2034: FICCI-Nangia Report.

*    Ather Energy will sign a long-term battery supply contract with Amara Raja.

*    Mumbai property market sustains record-breaking streak with best-ever July.

*    India’s semiconductor industry will grow to $109 billion by 2030: MoS IT tells Lok Sabha.

*    NSE launches India’s first website for passive funds.

*    Credit slows down across sectors except for loans to corporations and housing in June.

*    Attero launches e-waste recycling platform 'Selsmart' for consumers.

*    CRISIL reports a healthy 13-14% revenue increase for India’s dairy industry this fiscal year.

*    Radisson Hotel Group launches new Meetha by Radisson stores in Borivali and Bandra.

*    Structural reforms bolster India’s macro stability, says Morgan Stanley.

*    M&M Q1 Results: Net profit drops 5% to ₹2,612 crore, revenue rises 12% YoY.

*    Godrej Properties clocks ₹8,637 crores of sales booking in the June quarter.

*    Intel will cut thousands of jobs to cut costs and bounce from flat earnings: Report.

*    India’s Akasa Air eyes flights to Asia’s tourist hotspots.

*    Gold demand in India expected to be 750 tonnes in 2024: WGC India CEO Jain.

*    Adidas sees improving business trends as it pushes ahead with transition.

*    Riju Raveendran has raised ₹158 crore to repay BCCI, Byju tells NCLAT.

*    SpiceJet delays June salaries after defaulting on provident fund dues: Report.

*    Above-normal rains to support 5% farm output growth this year: Niti Aayog member.

*    Investors eye 12% returns from SGBs redemption on August 5: Report.

*    Piyush Goyal Asks Indian Industry to Cooperate Amid FTA Talks.

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